Skip to content
PENGASSAN demands immediate withdrawal of Tinubu’s Executive Order
Laments weakness of institutions to challenge hurtful Presidential orders Says Executive Order nullifies provisions of PIA Sopuruchi Onwuka Nigeria’s top petroleum industry workers union, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has called on President Bola…
NCDF: FG warns oil firms, contractors of non-compliance consequences
Defaulters deny themselves all regulatory support Sopuruchi Onwuka Players in the upstream petroleum industry who fail to make mandatory legal payments into designated accounts of the Nigerian Content Development Fund (NCDF) might lose their entitlement to all regulatory support and…
NUPRC issues contract scam alert
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a public disclaimer warning against fraudulent individuals claiming to offer contracts on behalf of the Commission. According to the regulator, certain unscrupulous persons have been using name-dropping and false information circulated…
NNPC, Asian firms reach gas commercialization deals
Ziggy Ojiegbe The Nigerian National Petroleum Company Limited has signed major gas commercialization agreements with two Asian firms in a move aimed at expanding domestic gas processing, power generation and industrial gas utilization across Nigeria. The agreements, executed under a…
Will NNPC-Sinopec IJV deliver broader economic recovery with refinery revamp?
Sopuruchi Onwuka The declaration early in the moth by the Nigerian National Petroleum Company (NNPC) Limited that it has devised a new approach to rehabilitation and restreaming of the Nation’s three refineries is indisputably the most awaited inflection point in…
SNEPCO lays strategy for turning Nigeria’s petroleum risks to growth opportunities
Nigeria can transform the risks and structural complexities in its oil and gas industry into opportunities for growth and development if regulators and operators sustain collaboration in a transparent and predictable business environment, the Managing Director of Shell Nigeria Exploration…
WIEN wants women capacity integrated into upstream growth strategy
Sopuruchi Onwuka As Nigeria intensifies efforts to raise crude oil production and attract fresh upstream investment, the Women in Energy Network (WIEN) is calling for deliberate policy reforms to ensure women-led exploration, production, and oilfield service companies are not excluded…
Namibia disowns farm in deals by TotalEnergies, PetroBras
Ziggy Ojiegbe The government of Namibia has said it will not recognize recent stake purchases in the PEL 104 offshore exploration license by TotalEnergies and Petrobras, arguing that the companies failed to follow proper approval procedures. In a report reviewed…
Congo LNG project Phase II comes online with premier cargo
Ziggy Ojiegbe Italy’s energy major Eni has shipped its first LNG cargo from the Nguya FLNG facility, marking the official start-up of Phase II of the Congo LNG project in the Republic of Congo. The milestone was celebrated in Pointe-Noire…
Transocean expanding to 73-rig $17 bn behemoth with Valaris merger
Ziggy Ojiegbe Transocean is set to reshape the offshore drilling landscape with a transformative acquisition that will create one of the largest contractors in the sector. Transocean has agreed to acquire Valaris in an all-stock deal valued at approximately $5.8…
